Online Sales

UK retail sales increase by 4.7% in August

UK retail sales in August have increased by 4.7% on a like-for-like basis from August 2019, according to figures released in BRC-KPMG’s Retail Sales Monitor report for the month. Overall sales increased by 3.9% in the period, in comparison to a decline of 0.4% in August 2019. This is above…

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Online sales witness 10% decline in July

Online retail sales witnessed a “sharp decline” of 10% in July, according to the latest figures from IMRG’s online sales index. The data group said the decline followed a shift in consumer spending patterns as the hospitality sector reopened throughout the month.  While online sales fell by 10% in the…

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June retail sales show signs of recovery

Retail sales increased by 3.4% in June, against a decrease of 1.6% in June 2019, marking the first signs of growth registered since the UK lockdown began. This is according to the latest BRC–KPMG retail sales monitor, which found that the increase in retail sales to be above the three-month…

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Wilsons Pet Food looks to expand

Wilsons Pet Food is reportedly set up to sign several deals with “major retailers” in a bid that would fuel the company’s growth.  Craig Wallace purchased the pet food brand in 2017, and has since facilitated the opening of its first purpose-built production facility. It now produces cold-pressed dog food…

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Online sales reach 10-year high

British retailers recorded a 10-year high for online sales in May while the continued lockdown measures kept high streets empty, according to new figures by accountancy and business advisory firm BDO. According to BDO’s High Street Sales Tracker (HSST), total like-for-like sales, consisting of both in-store and non-store sales, declined…

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Pets at Home sales top £1bn for the first time

Total annual revenue at Pets at Home exceeded £1bn for the first time in its history, increasing 10.2% to £1,058.8m in the full-year ended 26 March 2020 .  Like-for-like revenue also surged 9% during the period, while retail like-for-like revenue was up 9.4%, marking a 15% rise on a two-year…

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UK economy shrinks by 2% as pandemic takes its toll

The UK’s economy shrank by 2% in the three months to 31 March 2020, as a result of the Covid-19 pandemic. This is according to new data from the Office for National Statistics (ONS), which also found that gross domestic product (GDP) fell by 5.8% during March, the largest fall…

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The internet need not be the scourge of every sector – just ask the CEO of Mountain Warehouse

The last decade in business was arguably characterised by one word: disruption. While the internet behemoths had already begun building serious fortunes in the 2000s, most would agree it was after 2010 that things really started motoring. Heralded as the great democratiser of information and services, the effects of a…

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Does your business need to adapt?

In the spirit of it being ‘Brexit month’ and the looming date of 29 March – which at the time of writing this, no one has a crystal ball to see what changes will happen – let’s take a look at that all important, but often overlooked, skill within our…

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Autumn Budget 2018: Business rates cut for SMEs and new digital services tax

Chancellor Philip Hammond has confirmed plans to give smaller retailers a 33 percent cut to business rates and introduced a new digital services tax for companies with at least £500m in global revenue. The reduction in rates will take place over the next two years and is expected to save…

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